Zoho co-founder Sridhar Vembu has publicly raised concerns about artificial intelligence ‘wiping’ jobs, warning that India must urgently find answers to safeguard its massive youth workforce. In a post shared on social media platform X(formerly known as Twitter) Vembu mentioned that the real issue facing the nation right now is how to create jobs in an uncertain global landscape, noting that the IT industry including Zoho has not generated any significant new employment in the recent years.

Sridhar Vembu said AI and data centre costs had slowed new hiring across India’s IT sector. | Trending

Zoho's Sridhar Vembu highlights India's struggle to generate jobs for its youth, attributing reduced IT hiring to increased spending on artificial intelligence and data centers.

Zoho Corporation's founder notes IT job growth is slowing significantly. Funds are now diverted to rising artificial intelligence and data centre expenses. Enterprise customers…